This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Grupo Mexico, the mining and transportation conglomerate that once was considered a front-runner to buy Banamex from Citi, has made the bank a fresh offer, according to a securities filing Friday seen by Reuters and Bloomberg. The conglomerate, controlled by Mexican billionaire Germán Larrea, would buy 25% of Banamex at 85% of its book value, and the remaining 75% at ...

PROSPERITY BANCSHARES, INC. (PRNewsfoto/Prosperity Bancshares, Inc.) Southwest Bancshares Logo Large Accessibility StatementSkip Navigation HOUSTON and SAN ANTONIO, Oct. 1, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc. (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank, and Southwest Bancshares, Inc. ("Southwest"), the parent holding company of Texas Partners Bank ("Texas Partners"), headquartered in San Antonio, Texas, today jointly announced the signing of a definitive merger agreement ...

Transaction Overview - Heritage Financial Corporation (NASDAQ: HFWA) 将收购 Olympic Bancorp, Inc，后者是 Kitsap Bank 的控股公司[10] - 交易总价值约为 1.766 亿美元[21] - 预计交易将于 2026 年第一季度完成[21] Financial Impact - 预计 2027 年每股收益 (EPS) 增长 18%[11] - 内部收益率 (IRR) 为 20%[11] - 有形账面价值 (TBV) 回收期为 3 年[11] - 预计 2026 年成本节约 810 万美元，2027 年成本节约 1870 万美元[22] Balance Sheet and Deposit Information - Kitsap Bank 的总资产为 17 亿美元，总存款为 14 亿美元[11] - Kitsap Bank 的存款成本为 1.09%[11] - 合并后的公司预计总资产为 88 亿美元，总贷款额为 57 亿美元，总存款额为 72 亿美元[11] - Kitsap Bank 的不良资产 (NPAs) 与资产之比为 0.01%[11] - Kitsap Bank 的 83% 存款为非 CD 存款[13] Market Position - 合并后，HFWA 将成为 Puget Sound 地区领先的社区银行[13] - Kitsap Bank 在 Kitsap 县（Bremerton-Silverdale-Port Orchard MSA）拥有第一的市场份额，该市场存款额为 43 亿美元[13] - 合并后的 HFWA 资产将达到 90 亿美元，成为华盛顿州最大的银行[13]

Group 1 - BBVA has revised its acquisition offer for Banco Sabadell, increasing it by 10% to one new BBVA share for every 4.8376 Banco Sabadell shares [1] - The new offer values Banco Sabadell shares at €3.39 per share, marking the highest valuation in over a decade, and has increased by 60% since April 2024, from €12.2 billion to €19.5 billion [2] - BBVA CEO Onur Genç highlighted that Banco Sabadell shareholders accepting the offer will benefit from a bank with higher growth potential, achieving 41% higher earnings per share [3] Group 2 - The approval of the improved offer by the Spanish securities commission CNMV is pending, after which the take-up period will recommence [4] - BBVA Chair Carlos Torres Vila emphasized that the improved offer presents a historic valuation and price, allowing shareholders to participate in the value generated by the integration [4] - Banco Sabadell's board previously advised shareholders to reject BBVA's initial offer, citing undervaluation concerns, and a minimum three-year waiting period for consolidation has been stipulated by the Spanish government [5]

Core Insights - National Bank Holdings (NBH) has signed an agreement to acquire Vista Bancshares for a total value of $369.1 million, which includes both cash and stock components [6] - The acquisition will add significant assets and deposits to NBH, increasing its total assets to $12.4 billion and deposits to $10.4 billion [6] - The deal is expected to close in the first quarter of 2026, pending approval from Vista's shareholders and regulatory bodies [6] Company Expansion - The acquisition will add $2.4 billion in assets, $2.1 billion in deposits, and $1.9 billion in loans, along with 11 branches to NBH's existing network of approximately 85 locations across eight states [3] - NBH plans to maintain the Vista brand in Texas while gradually integrating it into the combined enterprise [3] - The CEO of NBH, Tim Laney, emphasized that this acquisition will strengthen their position as a premier regional bank focused on commercial and business banking [4] Leadership and Strategic Direction - Vista Bank's CEO, John D. Steinmetz, will lead the Texas market post-acquisition and will also take on the role of executive vice chair and executive managing director of strategic initiatives at NBH [5] - Steinmetz highlighted the importance of creating shareholder value and indicated that partnering with NBH was the right decision at the right time [5] - Vista shareholders are set to receive approximately $84.8 million in cash and about 7.4 million shares of NBHC common stock, based on a closing share price of $38.47 [5]

Group 1 - The CEO of Erste Group Bank AG, Peter Bosek, stated that a planned banking tax in Poland does not affect the attractiveness of their acquisition of a 49% stake in Santander Bank Polska for 7 billion dollars (8.2 billion dollars) [1]

Core Insights - Commerce Bancshares (CBSH) has received necessary approvals for the acquisition of FineMark Holdings, Inc., with the deal expected to close on January 1, 2026 [1][9] - The acquisition will enhance CBSH's asset base, combining $36 billion in assets and $86 billion in wealth assets under administration (AUA) [3][9] - The transaction is projected to be 6% accretive to CBSH's 2026 GAAP earnings, with anticipated cost savings of 15% on FineMark's non-interest expenses [4][9] Company Overview - FineMark Holdings, founded in 2007, operates as a nationally chartered commercial bank with 13 banking offices across Florida, Arizona, and South Carolina [2] - As of June 30, 2025, FineMark reported assets of $3.9 billion, deposits of $3.1 billion, and loans totaling $2.7 billion [3] Financial Implications - Shareholders of FineMark will receive 0.690 shares of CBSH for each share they own [4] - The acquisition is expected to result in a tangible book value per share dilution of 2.2%, with an earn-back period of 1.6 years [5] - One-time, pre-tax expenses related to the merger are estimated at $57 million, fully accounted for in the pro forma tangible book value at closing [5] Market Performance - CBSH shares have decreased by 3.6% over the past six months, contrasting with a 2.4% growth in the industry [6] - CBSH currently holds a Zacks Rank 2 (Buy) [7]

Core Viewpoint - Columbia Banking System, Inc. has received all necessary shareholder approvals for its acquisition of Pacific Premier Bancorp, Inc., indicating strong support for the transaction and a positive outlook for market leadership and value creation [1][2]. Group 1: Acquisition Details - The acquisition is expected to enhance market leadership across the Western United States and create significant value for customers, communities, and shareholders [2]. - Both companies are preparing for a swift closing of the transaction following final regulatory approvals, which are anticipated to be completed later in 2025 [2][3]. Group 2: Company Profiles - Columbia Banking System, Inc. is headquartered in Tacoma, Washington, with over $50 billion in assets, and operates as Columbia Bank, providing a full suite of banking services across multiple states [4]. - Pacific Premier Bancorp, Inc. is based in California and has approximately $18 billion in total assets, focusing on serving small to middle-market businesses with a variety of banking products and services [5].

Core Viewpoint - Huntington Bancshares (HBAN) has announced a definitive agreement to acquire Veritex Holdings, Inc. (VBTX) in an all-stock transaction valued at $1.9 billion [1][10]. Acquisition Details - Huntington will issue 1.95 shares for each outstanding share of Veritex, implying a value of $33.91 per Veritex share based on HBAN's closing price on July 11, 2025 [2]. - The deal has received unanimous approval from both companies' boards and is expected to close in early Q4 2025, pending regulatory and shareholder approval [2]. Financial Impact - The transaction is projected to be modestly accretive to Huntington's earnings per share and neutral to regulatory capital at closing [3]. - It is expected to be slightly dilutive to tangible book value per share, with a payback period of approximately one year from closing [3]. Operational Changes - Upon completion, Veritex branches will operate under the Huntington Bank brand, with plans to maintain and expand Veritex's existing branch network in Texas, including Dallas/Fort Worth and Houston [4][10]. Strategic Rationale - The acquisition aims to accelerate Huntington's organic growth in Texas, particularly in the Dallas/Fort Worth and Houston markets [5]. - The merger will add approximately $13 billion in assets, $9 billion in loans, and $11 billion in deposits to Huntington's balance sheet [5][10]. - Huntington's CEO emphasized the importance of local relationships and customer loyalty brought by Veritex, which will support future growth in Texas [6]. Expansion Efforts - Huntington has been actively expanding its commercial banking business in Texas, including the introduction of new verticals such as the Financial Institutions Group and the Aerospace & Defense Group [7]. - These strategic efforts are expected to enhance Huntington's commercial banking capabilities and attract new customer segments across the region [8]. Market Performance - Over the past year, shares of Huntington have risen 19%, outperforming the industry's growth of 16.4% [11].

Core Viewpoint - The strategic acquisition of Veritex by Huntington is aimed at enhancing Huntington's growth in Texas, particularly in the Dallas/Fort Worth and Houston markets, leveraging Veritex's established local presence and customer relationships [1][2]. Company Overview - Huntington Bancshares is a regional bank holding company with approximately $210 billion in assets, providing a wide range of banking and financial services [13]. - Veritex Community Bank, headquartered in Dallas, has around $13 billion in assets and operates over 30 branches in key Texas markets [14]. Transaction Details - Huntington will acquire Veritex in a 100% stock transaction, issuing 1.95 shares of Huntington for each outstanding share of Veritex, valuing the transaction at approximately $1.9 billion based on Huntington's stock price of $17.39 as of July 11, 2025 [7]. - The transaction is expected to close in early Q4 2025, pending regulatory approvals [6]. Financial Implications - The acquisition is projected to be modestly accretive to Huntington's earnings per share and neutral to regulatory capital at close, with a slight dilution to tangible book value per share [7]. - Huntington's second quarter 2025 earnings per share is expected to be $0.34, reflecting a 13% increase year-over-year [8]. Strategic Goals - The acquisition aligns with Huntington's long-term commitment to Texas, a rapidly growing economy, and aims to enhance its commercial banking capabilities in the region [2][5]. - Huntington plans to maintain and invest in Veritex's branch network to support future growth [3]. Community Engagement - Huntington is committed to continuing Veritex's legacy of community support, with an initial philanthropic investment of $10 million in Texas [5].